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New Jersey added 4,100 jobs in November, including 3,100 in the private sector, but the unemployment rate increased to 4.7%, according to Thursday estimates released by the U.S. Bureau of Labor Statistics.
In November, gains in the private sector were concentrated in four out of nine major sectors: education and health services (+3,200), leisure and hospitality (+2,300), trade, transportation and utilities (+700) and professional and business services (+600).
Four sectors recorded job losses: construction (-2,400), information (-900), other services (-300) and manufacturing (-100). Financial activities recorded no change.
The public sector recorded a seasonally adjusted gain of 1,000 jobs.
Over the past 12 months, New Jersey has added 62,700 nonfarm jobs, distributed across industries, with five out of nine private sector industries recording gains between November 2022 and this November. Those industries are: education and health services (+41,200), leisure and hospitality (+12,500), manufacturing (+2,500), trade, transportation and utilities (+700) and information (+400).
Professional and business services (-8,400), construction (-3,000) and other services (-200) recorded losses. Financial activities recorded no change.
Year-over-year, the state’s public sector recorded an increase of 16,900 jobs.
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